VCJ Staff
Aleris International Inc. (NYSE: ARS) shareholders voted to approve a $52.50 per share buyout offer from Texas Pacific Group. Aleris is a Beachwood, Ohio-based maker of aluminum-rolled products and extrusions, aluminum recycling and specification alloy production. www.aleris.com
European Capital has completed a Euro 106 million “one-stop” buyout of Metall Technologie Holding, a Menden, Germany-based manufacturer of heat treatment industrial furnaces. www.ecas.com
One Equity Partners has acquired the private label unit of listed Dutch food group Wessanen NV, for Euro 104 million. www.oneequity.com
Brynwood Partners has acquired a majority ownership in S. Walter Packaging, a Philadelphia-based distributor of premium packaging to the retail industry. No financial terms were disclosed. www.brynwoodpartners.com
3i Group has sold UK media monitoring agency Precise Media Group to Phoenix Equity Partners and company management for Gbp42 million. 3i's proceeds are Gbp24 million, which represents a 3.2x multiple from its original investment, which came in March 2005. www.precise-media.co.uk
CLP Healthcare Services Inc., an acquisition platform backed by Thoma Cressey Equity Partners, has acquired Community Hospices of America Inc., a Birmingham, Ala.-based hospice provider with 25 locations in nine states. No financial terms were disclosed. www.thomacressey.com
Qantas Airways Ltd., Australia's largest airline company, has accepted a sweetened buyout offer from Macquarie Bank and Texas Pacific Group. The revised deal is worth Au$5.60 per share, whereas a previously-rejected offer came in at Au$5.50 per share, for a total value of around Au$11.2 billion. www.quantas.com
KKR and Permira have emerged as the favorites to win the auction for German broadcaster for ProSiebenSat.1 Media, according to multiple press reports. The deal would value ProSiebenSat.1 at around Euro 6 billion.
Dunedin Capital Partners has agreed to acquire the WFEL business of Hamilton Sundstrand, a subsidiary of United Technologies Corp. (NYSE: UTX). No financial terms were disclosed. WFEL is a UK-based designer and manufacturer of tactical military bridges.
Skyview Capital has agreed to acquire the U.S. photocopier business of TRM Corp. for $9.2 million. www.skyviewcapital.com